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Budget 2018

Budget 2018 — Business owner’s executive briefing

The new federal budget includes several measures that target the cornerstone of the Canadian economy: small and medium sized enterprises (SMEs). How will the new budget affect you and your business?

The restrictions on income splitting introduced in 2017 and the new passive investment income rules from this year’s budget legislation are the most significant developments that will put pressure on many businesses to make adjustments to their structure and operations. A reduction in the small business tax rate will provide some relief, while other changes may require close attention from you and your tax team.

Find out more about the impact of the 2018 federal budget. [ 165 kb ]